Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

Consumer
America Saves Week helps consumers build wealth
WASHINGTON (2/22/10)--Americans continue to save in the current economy. The personal savings rate rose to 4.8% at the end of 2009, according to a recent report from the Bureau of Economic Analysis (bea.gov Feb. 1). And yet, with an unemployment rate of 9.7% taking its toll on wallets across the country (online.wsj.com Feb. 16), many consumers are finding it difficult to save. Enter America Saves Week. The seven-day, nationwide program, which began Sunday, helps consumers take action to increase personal savings. The event was established in 2001 by the Consumer Federation of America, Washington, D.C., in response to the nation’s then-negative personal savings rate. No matter your financial situation, America Saves Week is here to help you make the dream of saving a reality. Visit americasavesweek.org and:
* Take action. Sign up to become an American Saver. You’ll create a savings plan, receive advice, and be able to take advantage of educational resources and guides focused on enhancing your financial wellness. * Assess your saving situation. Take measure of your savings plan and use the free resources provided to maximize your ability to save for any circumstance. * Reveal your savings knowledge. Do you know what your retirement readiness rating is? Find the answer to this and other questions by taking the Test Your Knowledge quiz online. * Help your children save. Children can get into the habit of saving early, and often, by participating in the National Savings Challenge at your credit union during the month of April. It’s held in conjunction with National Credit Union Youth Week--April 18 through April 24--and teaches youth the joys and benefits of saving.
Other Resources

RSS





print
News Now LiveWire
Maine credit unions put Food Mobile on the road to relieving hunger in rural areas http://t.co/R0xpt6BAZE
13 hours ago
.@TheNCUA's Matz: PALS should be exempt from Military Lending Act proposal #NewsNow http://t.co/Vy9uNhOIEr
14 hours ago
#NewsNow Iowa loan growth 3 times national bank rate http://t.co/fUvudPLg5d
16 hours ago
.@ICBA tallies its Home Depot data breach costs: $90M, 7.5M cards http://t.co/iJgRDC2AKZ
17 hours ago
.@icul's Jury elected treasurer of @WOCCU exec committee http://t.co/HEF1UChN8f
18 hours ago